Daley Compuny prepared the following aging of recelvables analysis at December 31. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 5% of total accounts recelvable to stimate uncollectibles, instead of the aging of recelvables method. . Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the lllowance for Doubtful Accounts is a $13,100 credit Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the lllowance for Doubrful Accourits is a \$2,100 debit. Complete this question by entering your answers in the tabs below. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 5% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method. e. Estimate the balance of the Allowance for Doubrful Accounts assuming the company uses 5% of total accounts recelvable to estimate uncollectibles, instead of the aging of recelvables method. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtul' Accounts is a $13,100 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtul Accounts is a $2,100 deblt. Complete this question by entering your answers in the tabs below. b. Prepare the adjusting entry to record flad Debts fapense using the estimate from part a. Assume the unadjusted balance in the Allowance for Deabthul Accounts is a $13,100 credit. r. Prepare the adfusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Aliewance for Deubthul Acceunis is in $2,100 debit. Show less 4 Journal entry worksheet 2 Rucord estimated bad debts assuming that Allowance for Doubtful Accounts has a $12,100 credit balance. Daley Company prepared the following aging of recelvables analysis at December 31. 0. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 5% of total accounts recelvable to estimate uncollectibles, instead of the aging of recelvables method. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtul Accounts is a $13,100 credit. c. Prepare the adjusting entry to record bad debts expense using the estumate from part a. Assume the unadjusted balance in the Allowance for Doubtul Accounts is a $2,100 deblt: Complete this question by entering your answers in the tabs below. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $13,100 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtul Accounts is a $2,100 debit. Show less A Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtlul Accounts has a $2,100 debit balance
